Iraq will begin trading crude oil for Iranian gas to end the recurring issue of payment delays to Tehran due to the need for US approval, Iraqi Prime Minister Mohammed Shia Sudani said on Tuesday (July 11). He said Iran had cut gas exports to Iraq by more than 50% …
Read More »World not Ready to Switch off’ Fossil Fuels COP28 Host UAE Says
The United Arab Emirates (UAE) said on Tuesday (May 9) that countries should agree to phase out fuel emissions – not the production of oil, gas and coal – at the upcoming United Nations climate change negotiations that it will host this December. The comments reflect deep divisions between nations …
Read More »US Becomes Top LNG Exporter in First-Half 2022
The United States became the top liquefied natural gas (LNG) exporter in the first half of 2022, the Energy Information Administration (EIA) said, citing data from Cedigaz, as the country increased supply to Europe amid the Ukraine crisis. US LNG exports rose 12% to average 11.2 billion cubic feet per …
Read More »Germany, Canada in Talks on Terminal for Exporting LNG to Europe
Germany is in talks with Canada over options to export liquefied natural gas (LNG) to Europe via a terminal on Canada’s east coast, a German government official told Reuters yesterday. German Chancellor Olaf Scholz discussed the issue with Canadian Prime Minister Justin Trudeau on the sidelines of the summit held …
Read More »US Set to Become World’s Biggest LNG Exporter This Year
The United States exported 7.29 million tonnes of liquefied natural gas (LNG) last month, second highest on record, as sales to Europe and South America expanded, according to Refinitiv Eikon data. The US is on track to become the world’s largest LNG exporter this year, topping Australia and Qatar, as …
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